Showing 1 - 10 of 81
UK water crisis pollutes privatisation legacy
AFP, Published on 11/07/2023
» LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.
Carbon 'capture' tech is booming, and confusing
AFP, Published on 04/07/2023
» PARIs: Humanity's failure to draw down planet-heating carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment.
OECD lifts world GDP growth forecast to 2.7%
AFP, Published on 07/06/2023
» PARIS: The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a "long road".
Air travel to soar near record in 2023: industry group
AFP, Published on 05/06/2023
» ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.
EU lawmakers adopt vast carbon market reform
AFP, Published on 18/04/2023
» STRASBOURG, France: The European Parliament adopted sweeping climate measures on Tuesday aimed at massively cutting EU greenhouse emissions, including the introduction of a carbon border tax on imports.
Oil market surges on shock output cuts
AFP, Published on 03/04/2023
» LONDON - World oil prices soared Monday after several top producers led by Saudi Arabia sprang surprise output cuts despite already angering the United States with a similar move last year.
After Fed, European central banks hike rates
AFP, Published on 23/03/2023
» LONDON: The Bank of England joined Norway and Switzerland in hiking interest rates on Thursday to tackle stubbornly-high inflation, though banking-sector turmoil could soon lead to a pause in US tightening as hinted by the Federal Reserve.
OECD raises global growth forecast but recovery 'fragile'
AFP, Published on 17/03/2023
» PARIS: The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid restrictions, but warned of vulnerabilities as seen in the US bank sector turmoil.
ECB sticks to planned rate hike despite turmoil
AFP, Published on 16/03/2023
» FRANKFURT: The European Central Bank stuck to a planned interest rate increase on Thursday as it remained laser-focused on battling sky-high inflation despite market turmoil over fears of a widening banking crisis.
Musk eyes torrid growth at Tesla, but offers no big new reveals
AFP, Published on 02/03/2023
» NEW YORK - Elon Musk presented a heady vision Wednesday to turbocharge Tesla's growth at an investor day filled with ambitious targets but short on details sought by Wall Street.